$1,560,000
●
House -
Off Market
5675 Grisborne Ave
Oakland, CA 94611
4 Beds
2 Baths,
1
Half Bath
2,256 Ft²
$1,404,928
RealtyHop Estimate
28.30%
Since Oct 1, 2019
CA-San Francisco
Primary Model
About This Property
WOW WOW WOW! So much to offer! Pool, Almost 1 Acre of
Land, In-Law Unit, 2 Separate garages - so many possibilities!
This modern wooded retreat is what everyone in Oakland dreams
of calling home. Within 2 blocks are cafes and Thornhill
Elementary. The Montclair Village and Sunday Farmer's Market are
just around the corner! Spanning almost 1 acre of useable
land, this home has so many incredible features. Open and
flowing living / great room connects to the kitchen which provides
easy access to the pool! The high end kitchen features Viking
appliances and Marble countertops. With it's own full kitchen
and separate entrance, the attached 1bed / 1 bath in-law unit is
the perfect place for short or long term guests. All of the
bathrooms have been tastefully updated. The true magic here
is the expansive private lot. Step into the outdoors and
you'll feel like you've been transported to your own miniature
Tilden Park - a truly one of a kind experience!
Unit Size
2,256 Ft²
Days on Market
16 days
Land Size
0.90 acres
Price per sqft
$485
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1930
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (bridgeMLS/CCAR/Bay East AOR #40880663)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2019 | Sold | ||
| Sold | |||
| Sep 4, 2019 | Listed by PERSPECTIVE REAL ESTATE | $1,095,000 | |
| Listed by PERSPECTIVE REAL ESTATE | |||
| Apr 12, 2013 | Sold | ||
| Sold | |||
| Feb 18, 2013 | Listed by BERKSHIRE HATHAWAY-FRANCISCAN | $549,000 | |
| Listed by BERKSHIRE HATHAWAY-FRANCISCAN | |||
| | |||
|
Rare opp. for buyers with vision & passion to redo a sprawling 3BD/1.5BA creek-side home w/2nd 2BD/1BA in-law unit & pool on a 39,312 Sq Ft lot - that's just under 1 acre! Located close to Thornhill (@ Mntn), Nr 13 frwy & Montclair schools & shops, this is not to be missed.
| |||
Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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HOA + Taxes
About North Hills
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: AARON BROWN, PERSPECTIVE REAL ESTATE
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40880663
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40880663
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